HR group Penna Consulting has reported strong growth.

In a statement, Penna’s chairman Stephen Rowlinson, says: “I am pleased to announce that both revenues and profit before taxation of Penna are continuing to grow strongly.

“In our interim results statement, covering the six months to 30 September 2008, we reported that career transition net revenue had grown by 39% compared to the same period in the previous year. In the subsequent four months (October to January), year-on-year growth has significantly exceeded that rate.

“I am also very pleased to note that despite challenging market conditions, our other divisions have achieved year-on-year growth in revenue in the year to date.

“As a result, the board expects that profit before taxation for the year ending 31 March 2009 will be materially higher than current market expectations.”